Quantum Capital Management LLC NJ boosted its stake in Donaldson Company, Inc. (NYSE:DCI) by 0.7% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 261,768 shares of the industrial products company’s stock after buying an additional 1,758 shares during the quarter. Donaldson makes up about 3.2% of Quantum Capital Management LLC NJ’s holdings, making the stock its 12th biggest position. Quantum Capital Management LLC NJ owned about 0.21% of Donaldson worth $13,314,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Nomura Asset Management Co. Ltd. purchased a new stake in Donaldson in the 2nd quarter valued at approximately $36,000. Meeder Asset Management Inc. purchased a new position in shares of Donaldson during the 2nd quarter worth $66,000. Dougherty Wealth Advisers LLC lifted its stake in shares of Donaldson by 193.4% during the 2nd quarter. Dougherty Wealth Advisers LLC now owns 1,517 shares of the industrial products company’s stock worth $77,000 after purchasing an additional 1,000 shares during the period. Ossiam purchased a new position in shares of Donaldson during the 2nd quarter worth $150,000. Finally, ETF Managers Group LLC lifted its stake in shares of Donaldson by 10.8% during the 1st quarter. ETF Managers Group LLC now owns 3,203 shares of the industrial products company’s stock worth $160,000 after purchasing an additional 311 shares during the period. 80.71% of the stock is currently owned by hedge funds and other institutional investors.

Shares of Donaldson stock traded down $0.13 during trading hours on Tuesday, reaching $52.65. 21,258 shares of the company’s stock were exchanged, compared to its average volume of 580,153. Donaldson Company, Inc. has a 52-week low of $40.27 and a 52-week high of $59.43. The firm has a market capitalization of $6.78 billion, a price-to-earnings ratio of 23.88, a price-to-earnings-growth ratio of 2.15 and a beta of 1.41. The company has a fifty day moving average of $48.94 and a 200-day moving average of $49.91. The company has a current ratio of 2.32, a quick ratio of 1.64 and a debt-to-equity ratio of 0.65.

Donaldson (NYSE:DCI) last issued its quarterly earnings results on Thursday, September 5th. The industrial products company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.01. Donaldson had a return on equity of 32.29% and a net margin of 9.39%. The company had revenue of $726.90 million for the quarter, compared to analyst estimates of $725.32 million. During the same quarter in the prior year, the company posted $0.58 EPS. The business’s revenue for the quarter was up .3% compared to the same quarter last year. On average, equities research analysts anticipate that Donaldson Company, Inc. will post 2.28 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Tuesday, August 13th were paid a dividend of $0.21 per share. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.60%. The ex-dividend date of this dividend was Monday, August 12th. Donaldson’s dividend payout ratio is presently 38.01%.

A number of research analysts have weighed in on DCI shares. Zacks Investment Research raised Donaldson from a “sell” rating to a “hold” rating and set a $51.00 price target on the stock in a research note on Monday, May 27th. Stifel Nicolaus set a $50.00 price target on Donaldson and gave the stock a “hold” rating in a research note on Friday, September 6th. Six equities research analysts have rated the stock with a hold rating, The company presently has an average rating of “Hold” and an average price target of $52.25.

Donaldson Profile

Donaldson Company, Inc manufactures and sells filtration systems and replacement parts worldwide. It operates through Engine Products and Industrial Products segments. The Engine Products segment offers replacement filters for air and liquid filtration applications, air filtration systems, liquid filtration systems for fuel, lube and hydraulic applications, and exhaust and emissions systems.

Featured Story: Equity Income

Want to see what other hedge funds are holding DCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Donaldson Company, Inc. (NYSE:DCI).

Institutional Ownership by Quarter for Donaldson (NYSE:DCI)

Receive News & Ratings for Donaldson Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Donaldson and related companies with MarketBeat.com's FREE daily email newsletter.